Hiap Tong (SGX:5PO) Change In Receivables : S$-5.81 Mil (TTM As of Sep. 2024)

View and export this data going back to 2009. Start your Free Trial

What is Hiap Tong Change In Receivables?

Hiap Tong's change in receivables for the quarter that ended in Sep. 2024 was S$-1.85 Mil. It means Hiap Tong's Accounts Receivable increased by S$1.85 Mil from Mar. 2024 to Sep. 2024 .

Hiap Tong's change in receivables for the fiscal year that ended in Mar. 2024 was S$-1.48 Mil. It means Hiap Tong's Accounts Receivable increased by S$1.48 Mil from Mar. 2023 to Mar. 2024 .

Hiap Tong's Accounts Receivable for the quarter that ended in Sep. 2024 was S$30.30 Mil.

Days Sales Outstanding measures of the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's Accounts Receivable are being managed. Hiap Tong's Days Sales Outstanding for the six months ended in Sep. 2024 was 124.77.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Hiap Tong's liquidation value for the six months ended in Sep. 2024 was S$-68.23 Mil.

Hiap Tong Change In Receivables Historical Data

The historical data trend for Hiap Tong's Change In Receivables can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Hiap Tong Change In Receivables Chart

Hiap Tong Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Change In Receivables

Get a 7-Day Free Trial

-1.80

0.10

-4.28

-6.72

-1.48

Hiap Tong Semi-Annual Data
	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
Change In Receivables	Get a 7-Day Free Trial															-5.03	-1.69	2.48	-3.96	-1.85

Hiap Tong Change In Receivables Calculation

Change In Accounts Receivable relative to the previous period. It is any increase or decrease in the cash a company is owed by its customers.

Change In Receivables for the trailing twelve months (TTM) ended in Sep. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was S$-5.81 Mil.

Hiap Tong (SGX:5PO) Change In Receivables Explanation

1. Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Days Sales Outstanding measures of the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's Accounts Receivable are being managed.

Hiap Tong's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	30.302	/	44.321	*	91
=	124.77

2. In Ben Graham's calculation of liquidation value, Hiap Tong's accounts receivable are only considered to be worth 75% of book value:

Hiap Tong's liquidation value for the quarter that ended in Sep. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	8.427	-	99.381	+	0.75 * 30.302	+	0.5 * 0
=	-68.23

Hiap Tong Change In Receivables Related Terms

Thank you for viewing the detailed overview of Hiap Tong's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.

Hiap Tong Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Hiap Tong Corp Ltd (SGX:5PO) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

22 Soon lee Road, Singapore, SGP, 628082

Website

https://www.hiaptong.com

Hiap Tong Corp Ltd is mainly involved in renting cranes, prime movers, heavy machinery, and equipment and trading cranes and heavy equipment. The company's products are used by the marine, petrochemical, and construction industries. It operates in two segments namely lifting and haulage services, and manpower services. The company also provides load test and drop test services for marine offshore and engineering industries. Its geographical segments include Singapore and Malaysia, of which the majority of the revenue comes from Singapore.

Hiap Tong Headlines

No Headlines